Fluoropolymer Films Industry Trends and Opportunity


Posted October 17, 2019 by Smith_alberto1

Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical.

 
The global Fluoropolymer Films Market is expected to reach USD 2.17 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from various application industries is a key factor driving the market growth. In addition, robust growth in the construction sector, especially in Asia Pacific is further fueling the demand over the forecast period.

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Fluoropolymer films are widely used in different application industries including construction, aerospace, automotive, packaging, electronics, and electrical. Furthermore, it is widely used as a raw material in the production of automobile parts, electronic components, machines, and semiconductors owing to its precipitation capabilities.
In terms of revenue, polyvinylidene fluoride (PVDF) accounted as the largest type segment in 2016 and is expected to continue its trend with a CAGR of 7.6% from 2017 to 2025. It is highly non-reactive thermoplastic fluoropolymer used where high purity and resistance-to-solvents is required.
The demand for fluoropolymer films is anticipated to increase on account of growth in various application industries, especially construction. It is widely used in construction sector on windows and doors for security and safety applications. Moreover, it holds superior light and temperature control, aesthetic appearance and protection from UV rays. These factors are anticipated to contribute to healthy growth of market over the coming years.

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Further key findings from the report suggest:
• Packaging segment will experience healthy growth in terms of value at a CAGR of 7.5% from 2017 to 2025 on account of its precipitation capabilities and performance through value added lamination & coatings
• Polyvinyl fluoride (PVF) emerged as the fastest growing type segment in terms of revenue in 2016 and is estimated to reach USD 551.9 million by 2025. Global fluoropolymer films in fluorinated ethylene propylene segment was USD 156.6 million in 2016 and is anticipated to experience healthy growth over the years ahead
• The U.S. fluoropolymer films market in terms of revenue was USD 268.4 million in 2016 and is expected to grow a rate of 8.5% from 2017-2025. Continuous economic development and increasing capital spending in the country is anticipated to boost demand for fluoropolymer films over the forecast period
• Key players including E. I. du Pont de Nemours and Company, Chemours Company, The 3M Company, Saint-Gobain S.A., The Dow Chemical Company, Solvay S.A. and Evonik Industries dominated the global market
Grand View Research has segmented the global fluoropolymer films market on the basis of type, application and region:
Fluoropolymer Films Type Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)
• Polytetrafluoroethylene
• Polyvinyl Fluoride
• Polyvinylidene Fluoride
• Fluorinated Ethylene Propylene
• Others
Fluoropolymer Films Application Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)
• Construction
• Automotive & Aerospace
• Electronics & Electrical
• Packaging
• Others
Fluoropolymer Films Regional Outlook (Volume, Tons, Revenue, USD Million, 2014 - 2025)
• North America
o U.S.
• Europe
o Germany
o UK
• Asia Pacific
o China
o India
o Japan
• Central & South America
o Brazil
• Middle East & Africa
About Grand View Research:
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
Contact:
Grand View Research, Inc.
201 Spear Street 1100,
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]
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Tags fluoropolymer films , fluoropolymer films market
Last Updated October 17, 2019